Tempe Development Thread

[soled]

Hello!
So i heard some rumors that Monte's on Rio Salado and Mill ave was opening up again and I knew that the new One Hundred Mill site with the office and Kimpton hotel was slated to land there. Does anyone have updates on where that development stands at the moment?

http://onehundredmillavenue.com/
Website posted for reference.

If Monte's reopens, I sure hope it's run by some folks who understand how to cook.

[jvbahn]

It was an April Fools joke. Hope they do something worthy with that corner.

[muertecaza]

Few observations from cruising around Tempe:

The Greek Village at Terrace/Rural, even though it's pretty generic looking, actually seems to work pretty well and I think is an improvement over the old tower-in-the-park dorms. The community center comes out and meets the corner at Terrace/Rural well. ASU's website (https://greekvillage.asu.edu/explore-the-village/community-center) says that the community center will have a retail component as well, which is great. Doubt it will ever happen given the backlash from reducing auto travel lanes on the less busy McClintock, but it would be awesome if they reduced Rural to two lanes in each direction, widened the sidewalks and added bike lanes. The new developments along Rural are all at least someone pedestrian oriented and it would be nice to start to change the complexion of Rural to match that.

Also noticed that there is some signage up around the Union showing that they already have some retail tenants lined up--I noticed Starbucks, Insomnia Cookies (who already have the new location up on their website (https://insomniacookies.com/locations/store/1197)) and Nekter Juice. I have no idea how there is a market for another Starbucks in the area--off the top of my head I can think of the one at Mill/5th, the one in Marina Heights, the one in the Chase offices, the one in the engineering dorms, and 2-3 on the main campus within walking distance. But they would know better than I. Hope there are more diverse retail tenants filling up the other spots.

ASU Surplus at Rio Salado/101 is having a moving sale, so it looks like Broadstone project there is moving forward. That once always seemed to me like a relatively easy one to build, so I suspect that will go relatively quickly.

[Mr.RE]

Few observations from cruising around Tempe:

The Greek Village at Terrace/Rural, even though it's pretty generic looking, actually seems to work pretty well and I think is an improvement over the old tower-in-the-park dorms. The community center comes out and meets the corner at Terrace/Rural well. ASU's website (https://greekvillage.asu.edu/explore-the-village/community-center) says that the community center will have a retail component as well, which is great. Doubt it will ever happen given the backlash from reducing auto travel lanes on the less busy McClintock, but it would be awesome if they reduced Rural to two lanes in each direction, widened the sidewalks and added bike lanes. The new developments along Rural are all at least someone pedestrian oriented and it would be nice to start to change the complexion of Rural to match that.

Also noticed that there is some signage up around the Union showing that they already have some retail tenants lined up--I noticed Starbucks, Insomnia Cookies (who already have the new location up on their website (https://insomniacookies.com/locations/store/1197)) and Nekter Juice. I have no idea how there is a market for another Starbucks in the area--off the top of my head I can think of the one at Mill/5th, the one in Marina Heights, the one in the Chase offices, the one in the engineering dorms, and 2-3 on the main campus within walking distance. But they would know better than I. Hope there are more diverse retail tenants filling up the other spots.

ASU Surplus at Rio Salado/101 is having a moving sale, so it looks like Broadstone project there is moving forward. That once always seemed to me like a relatively easy one to build, so I suspect that will go relatively quickly.

The Starbucks at the Union is going to be the largest Starbucks in Arizona. Not sure on the Sq. Footage of the retail space but must be pretty big! The greek village center could use a nice coffee shop or juice bar. Even though there is a dutch bros nearby, an indoor seating area for a spot for students to hangout in between classes would be ideal.

[Mr.RE]

Another development that I came across is the Millennium at Rio Salado project next to the Rio 2100 development. It consists of a 260, 4 story apartment with a food court style retail center on the frontage of rio salado. I saw the red notice sign out there. Ill try to get a picture of it today. Anyone have further information or news on that?

[manorastroman]

The Starbucks at the Union is going to be the largest Starbucks in Arizona. Not sure on the Sq. Footage of the retail space but must be pretty big! The greek village center could use a nice coffee shop or juice bar. Even though there is a dutch bros nearby, an indoor seating area for a spot for students to hangout in between classes would be ideal.

What? How do you know its going to be largest starbucks in Arizona?

That is crazy if true.

[Mr.RE]

What? How do you know its going to be largest starbucks in Arizona?

That is crazy if true.

Union Tempe facebook page posted about it. Scroll down a few posts from April 12.

https://www.facebook.com/UnionTempe/

[phoenixwillrise]

One of you construction types Riddle me this. What are they doing at this site with the flooding and moving around of dirt? Is their gear not stout enough (being sarcastic) to drill through the hard earth that they had to soak it or just what are they doing out there? Looks like someone playing tractor or something. Please advise!

[muertecaza]

Another development that I came across is the Millennium at Rio Salado project next to the Rio 2100 development. It consists of a 260, 4 story apartment with a food court style retail center on the frontage of rio salado. I saw the red notice sign out there. Ill try to get a picture of it today. Anyone have further information or news on that?

They gave a powerpoint to the Development Review Commission a few days back that is available here:

http://www.tempe.gov/Home/ShowDocument?id=62669

Pretty bland to me, but it definitively not a landfill.

[RichTempe]

Just a few random pics of the downtown area from the roof of my parking garage.

http://i63.tinypic.com/otgsh0.jpg

http://i66.tinypic.com/2afej9h.jpg

http://i63.tinypic.com/2znmhy9.jpg

http://i63.tinypic.com/15g4dbm.jpg

Hopefully there should be a at least couple more cranes going up in the next few months as well :tup:

[somethingfast]

^^ some very snazzy pics there thanks for sharing! i drive by this site every (ugh) day...but different perspective in glossy 2D :-)

[ciweiss]

Speaking of cranes. I took the bike next to the Pier site. It appears to have a walkway around the crane base which I don't recall seeing before. Does that mean they are ready to erect it? I also saw a trailer office which I had not seen before. Although I hadn't been by the site in a few months.

[Mr.RE]

Found a new potential development on Terrace and Orange Street. Calls for a 7 story apartment with 271 units. On the site of the current College Town and Crossroads apartments. Should bring a similar look to Terrace like the Sterling 920 and vertex across the street. Can anyone located the plans/elevations? address is 1010-1044 E Orange Street. Finally bringing some life back to that area!

I tried to post a picture of the Red Public notice sign but I cant figure out how from my camera roll, any suggestions is appreciated!

[muertecaza]

Found a new potential development on Terrace and Orange Street. Calls for a 7 story apartment with 271 units. On the site of the current College Town and Crossroads apartments. Should bring a similar look to Terrace like the Sterling 920 and vertex across the street. Can anyone located the plans/elevations? address is 1010-1044 E Orange Street. Finally bringing some life back to that area!

I tried to post a picture of the Red Public notice sign but I cant figure out how from my camera roll, any suggestions is appreciated!

Nice find. I can't help with pictures off camera roll, but I did cruise by this morning and snap my own picture:

https://i.imgur.com/9QRQRm3h.jpg

Based on the addresses, the acreage and the location of the red signs, I'm guessing this is just Crossroads and not College Town as well that's being redeveloped?

[Mr.RE]

Yes based on the information available now I believe that is the case. I was hoping for it to be parallel with Terrace like the Sterling 920 to give that whole street a dense urban style of living feel. Next to go is hopefully the run down mini mart or a redevelopment of the retail center on the SW corner of Lemon/Terrace. Could use a facelift!

[asugrad]

One of you construction types Riddle me this. What are they doing at this site with the flooding and moving around of dirt? Is their gear not stout enough (being sarcastic) to drill through the hard earth that they had to soak it or just what are they doing out there? Looks like someone playing tractor or something. Please advise!

I was thinking the same thing!!!

[RichTempe]

One of you construction types Riddle me this. What are they doing at this site with the flooding and moving around of dirt? Is their gear not stout enough (being sarcastic) to drill through the hard earth that they had to soak it or just what are they doing out there? Looks like someone playing tractor or something. Please advise!

I keep wondering the same thing as well. I look at the webcam everyday for pieces of a crane or a base, but it's always more of the trucks playing in the sandbox. :shrug:


https://app.oxblue.com/open/EDR/tempe

[Mr.RE]

I keep wondering the same thing as well. I look at the webcam everyday for pieces of a crane or a base, but it's always more of the trucks playing in the sandbox. :shrug:


https://app.oxblue.com/open/EDR/tempe

Based on the imagery and my experience in the early stages of development my assumption is that they are preparing the site by doing G&D (Grading and Drainage) while also relocating utilities off or on the site to provide an established connection. The excess dirt will soon be either relocated, or spread out evenly over the whole site to provide a flat base to begin the foundation. Drilling for utilities to run vertically up through the building.

Thats my best guess but a pretty common first step for site prep! cant wait for it to start going vertical!:tup:

[phoenixwillrise]

Based on the imagery and my experience in the early stages of development my assumption is that they are preparing the site by doing G&D (Grading and Drainage) while also relocating utilities off or on the site to provide an established connection. The excess dirt will soon be either relocated, or spread out evenly over the whole site to provide a flat base to begin the foundation. Drilling for utilities to run vertically up through the building.

Thats my best guess but a pretty common first step for site prep! cant wait for it to start going vertical!:tup:
What you stated is most probably valid but to say it is a pretty common step is simply not true. I have been watching high rise construction projects on this site for years from their inception and this is the first time I have ever seen this particular procedure so no it is not common. Just to clarify.

[Mr.RE]

What you stated is most probably valid but to say it is a pretty common step is simply not true. I have been watching high rise construction projects on this site for years from their inception and this is the first time I have ever seen this particular procedure so no it is not common. Just to clarify.

I was referencing the process of Grading and Drainage is common. I apologize for the confusion/misinterpretation. The particular way they are preparing the site may be unusual but my best guess is thats what it is for. ASU does have their own way of doing things after all!

[Mr.RE]

South side of Rio Salado across from Tempe Marketplace is starting to level the dirt! Proposed retail and gas station will be here.

https://www.tempe.gov/Home/ShowDocument?id=43060


https://farm1.staticflickr.com/825/40966257184_392e1a7acc_k.jpg

[Phxguy]

^^ Can’t see attached images

[stutteringpunk]

They've had that fence up for what's felt like a year already. Glad to see progress so Rio can't start looking less industrial.

[Mr.RE]

They've had that fence up for what's felt like a year already. Glad to see progress so Rio can't start looking less industrial.

Hopefully they will clean up McClintock from Rio to university on the east side. At least renovate the store fronts. A multifamily/ hotel/ Office / retail center would be great there.

[muertecaza]

Looks like we may be seeing the first round of proposals for the Novus corridor:

https://www.tempe.gov/Home/ShowDocument?id=63710

The joint review committee (that does design review for ASU projects) will be hearing presentations in their upcoming study session about two projects:


"Aspen Heights Mixed-Use;" and
777 Tower at Novus

Haven't been able to find anything more about the specific projects. Aspen Heights is a student housing developer (https://www.myaspenheights.com/). They recently completed a pretty good looking high-rise in Austin (https://www.bizjournals.com/austin/blog/real-estate/2014/04/another-austin-luxuryhigh-rise-apartment-project.html).

777 Tower is another DAVIS/Ryan collaboration. They've shown with Marina Heights, HFL III that they do good stuff. Too much to ask that it be our own version of 777 Tower in LA (https://en.wikipedia.org/wiki/777_Tower)? Haha probably. Excited to see though.

[Mr.RE]

In Addition to the above post, the SW corner of University and Rural that is currently the site of Beverly Hills Car Wash will soon be vacant! The car wash will be relocating near broadway and rural! With that said, does anyone know what will be built there? Is it part of the Novus Innovation Corridor plan or a potential separate development?

Definitely one of the most prime parcels of real estate in tempe. Im excited to see what becomes of it!

[ASU Diablo]

^^ Here you go!

There was some discussion a while back about the potential rendering of ITSB 7 from Studio Ma. Looks like Architekton-Grimshaw was chosen as the Design Professional team. Also according to the map, the building will take over the car wash and retail building that used to house America's Taco Shop. Construction slated to begin Oct 2018

Info begins on pg. 37. (https://public.azregents.edu/Shared%20Documents/2018-01-25-Business-and-Finance-CMT-Book.pdf)

[muertecaza]

In Addition to the above post, the SW corner of University and Rural that is currently the site of Beverly Hills Car Wash will soon be vacant! The car wash will be relocating near broadway and rural! With that said, does anyone know what will be built there? Is it part of the Novus Innovation Corridor plan or a potential separate development?

Definitely one of the most prime parcels of real estate in tempe. Im excited to see what becomes of it!

That corner is slated for an ASU building, ISTB-7. It's a science/research building, 250k sq. ft., $175m. I don't think I've seen final renderings of what it's supposed to look like, but there was a proposal by Studio Ma that was NOT selected that got a little news coverage here: https://www.bdcnetwork.com/new-arizona-state-university-building-will-reach-triple-net-zero-performance. I believe they DO plan to run the light rail through the building.

My guess is that the "777 Tower" will be on the NW corner, as 777 S. Rural would be the rough address on that corner.

EDIT: airomero83 beat me to it, see above.

[ASUSunDevil]

The car wash will be relocating near broadway and rural! With that said, does anyone know what will be built there? Is it part of the Novus Innovation Corridor plan or a potential separate development?

The 4th and final Biodesign building:

https://azbigmedia.com/studio-ma-unveils-concept-asu-research-complex/

https://azbigmedia.com/construction-finishes-on-asu-biodesign-institute-building-c/

[ASU Diablo]

The 4th and final Biodesign building:

https://azbigmedia.com/studio-ma-unveils-concept-asu-research-complex/

https://azbigmedia.com/construction-finishes-on-asu-biodesign-institute-building-c/

Biodesign Institute buildings (A-D) and the Interdisciplinary Science & Technology Buildings (1-8) are different. BioDesign D will get built closer to to Bio C whereas ISTB 7 will be at the Rural/University intersection.

I came across this brochure that has another rendering of it (not sure if accurate).

https://president.asu.edu/sites/default/files/research_infrastructure_brochure_2017.pdf

ISTB-8 will be built at the ASU Downtown BioMedical campus

[Mr.RE]

Biodesign Institute buildings (A-D) and the Interdisciplinary Science & Technology Buildings (1-8) are different. BioDesign D will get built closer to to Bio C whereas ISTB 7 will be at the Rural/University intersection.

I came across this brochure that has another rendering of it (not sure if accurate).

https://president.asu.edu/sites/default/files/research_infrastructure_brochure_2017.pdf

ISTB-8 will be built at the ASU Downtown BioMedical campus

I didn't find the rendering of the building but I did find this presentation.

https://www.asu.edu/purchasing/bids/pdfs/dp_ISTB7_%20preposal_present.pdf

[muertecaza]

Powerpoint on I.D.E.A.--the biotech office development next to TCA--to be presented to the DRC study session. Has new renderings.

http://www.tempe.gov/Home/ShowDocument?id=63872

[muertecaza]

Updated master plan for the Novus district to be presented to joint review commission.

http://www.tempe.gov/Home/ShowDocument?id=63890

Haven't gone through it in depth, but the basics seem to be 4 districts, each zoned for 65+ du/ac and no height limit (height limits to be determined in the design review process). Some additional interesting information about the possibility of burying the power lines along Rio Salado. No mention that I can see of the specific projects listed in the study session agenda.

[Obadno]

Updated master plan for the Novus district to be presented to joint review commission.

https://www.tempe.gov/Home/ShowDocument?id=63890

Haven't gone through it in depth, but the basics seem to be 4 districts, each zoned for 65+ du/ac and no height limit (height limits to be determined in the design review process). Some additional interesting information about the possibility of burying the power lines along Rio Salado. No mention that I can see of the specific projects listed in the study session agenda.

Im getting errors with the links

[muertecaza]

Im getting errors with the links

Should work now--for some reason the links aren't encrypted and are therefore throwing errors for using HTTPS.

[Obadno]

Updated master plan for the Novus district to be presented to joint review commission.

http://www.tempe.gov/Home/ShowDocument?id=63890

Haven't gone through it in depth, but the basics seem to be 4 districts, each zoned for 65+ du/ac and no height limit (height limits to be determined in the design review process). Some additional interesting information about the possibility of burying the power lines along Rio Salado. No mention that I can see of the specific projects listed in the study session agenda.

Damn that is ambitious, I suppose we are talking a 20+ year build out though :tup:

[combusean]

Updated master plan for the Novus district to be presented to joint review commission.

http://www.tempe.gov/Home/ShowDocument?id=63890

Haven't gone through it in depth, but the basics seem to be 4 districts, each zoned for 65+ du/ac and no height limit (height limits to be determined in the design review process). Some additional interesting information about the possibility of burying the power lines along Rio Salado. No mention that I can see of the specific projects listed in the study session agenda.

I wouldn't read too much into the zoning standards. This looks like a foundational plan for whatever they're going to do.

[azsunsurfer]

I've seen this masterplan before....they just used a new powerpoint layout :uhh: I was hoping to see an actual proposal for the hard corner of University and McClintock

[muertecaza]

I've seen this masterplan before....they just used a new powerpoint layout :uhh: I was hoping to see an actual proposal for the hard corner of University and McClintock

Assuming you mean University/Rural, I think we're going to get an idea soon. Same day that the PowerPoint is being presented to the Joint Review Committee in their regular meeting, they are getting presentations on two projects in their study session: "Aspen Heights Mixed-Use" and "777 Tower at Novus." There's been no additional information other than the agenda that I've seen, but my guess is that "777 Tower" will be proposed for NWC of University/Rural, as the address there would be roughly 777 E. University.

http://www.tempe.gov/Home/ShowDocument?id=63710

[azsunsurfer]

You're right I meant Rural! I wish we knew what was going on with Skyview now that the Greek Village and Rec Center is wrapping up!

[Mr.RE]

You're right I meant Rural! I wish we knew what was going on with Skyview now that the Greek Village and Rec Center is wrapping up!

I was thinking the exact same thing. However, I did read a news article from a few months back that said they are projected to begin construction in early to mid 2018. That being said, with the Greek Village wrapping up in the next 30-60 days, they could be right on schedule to hopefully get a building permit issued around July.

[azsunsurfer]

I will say I like the façade of the entrances to the various "houses" of the Greek Village. However, I am not impressed with the wall facing Rural....I wish they had spent more time designing that elevation. The only saving grace is the Rec Center on the hard corner with terrace seems like it will look decent. Plus it will have ground floor retail too.

[CrestedSaguaro]

Crane evaluation for Papago Grand @220'. I'm assuming this is a tower crane for the 10 story building:

[B]Overview

Study (ASN): 2018-AWP-9312-OE
Prior Study: 2017-AWP-12243-OE
Status: Work In Progress


Received Date: 05/03/2018
Entered Date: 05/03/2018
Map: View Map

Construction Info Structure Summary

Notice Of: CONSTR
Duration: TEMP (Months: 12 Days: 0)
Work Schedule: 06/18/2018 to 06/18/2019


Structure Type: Crane
Structure Name: The Grand P7
FCC Number:


Structure Details Height and Elevation

Latitude (NAD 83): 33° 26' 15.80" N
Longitude (NAD 83): 111° 57' 18.95" W
Datum: NAD 83
City: Tempe
State: AZ
Nearest County: Maricopa


Proposed

Site Elevation:
1152

Structure Height:
220

Total Height (AMSL):
1372[B]

[muertecaza]

Walking around at lunch yesterday:

The Local:
https://i.imgur.com/GNVkAICh.jpg
https://i.imgur.com/xpEl0FTh.jpg

The Union:
https://i.imgur.com/obPD0qTh.jpg
https://i.imgur.com/Tm4RJ57h.jpg

Mirabella:
https://i.imgur.com/NEmLzeEh.jpg
https://i.imgur.com/8OqPC0Nh.jpg

233 Roosevelt (townhomes):
https://i.imgur.com/9Qlzt8qh.jpg

Broadstone Lakeside:
https://i.imgur.com/fEQ1yEHh.jpg

Novel/Crescent:
https://i.imgur.com/UWZIAEJh.jpg
https://i.imgur.com/RyLrsD7h.jpg

[ASUSunDevil]

^ Great pics! Tempe is on fire.

I know it's Mesa, but I consider this area Tempe... I'm good with either proposal: https://www.bizjournals.com/phoenix/news/2018/05/04/exclusive-developers-pitching-big-class-a-offices.html

[Obadno]

^ Great pics! Tempe is on fire.

I know it's Mesa, but I consider this area Tempe... I'm good with either proposal: https://www.bizjournals.com/phoenix/news/2018/05/04/exclusive-developers-pitching-big-class-a-offices.html

Holy cow I was literally just about to post this exact thing

[muertecaza]

^ Great pics! Tempe is on fire.

I know it's Mesa, but I consider this area Tempe... I'm good with either proposal: https://www.bizjournals.com/phoenix/news/2018/05/04/exclusive-developers-pitching-big-class-a-offices.html

I've heard that the Boyer proposal is likely, but we'll see Monday. Kind of a bummer to go from the grand plans of when the Cardinals stadium was proposed here to this, but I guess I should get over it by now. It will be nice to finally have some investment following the Cubs stadium.

[muertecaza]

PowerPoints for the 777 Tower and Aspen Heights finally posted. Looks like 6 story office and 6 story student housing at and around NWC of Rural and University where Greek housing used to be. Neither are mind blowing, but both seem reasonable well designed and have good Street presence and retail. I think they would be great first steps in the Novus corridor.

https://www.tempecenterforthearts.com/Home/ShowDocument?id=63943

https://www.tempecenterforthearts.com/Home/ShowDocument?id=63945

Also, 777 is not on the hard corner, so something bigger/better could conceivably go there.

[PHXFlyer11]

PowerPoints for the 777 Tower and Aspen Heights finally posted. Looks like 6 story office and 6 story student housing at and around NWC of Rural and University where Greek housing used to be. Neither are mind blowing, but both seem reasonable well designed and have good Street presence and retail. I think they would be great first steps in the Novus corridor.

https://www.tempecenterforthearts.com/Home/ShowDocument?id=63943

https://www.tempecenterforthearts.com/Home/ShowDocument?id=63945

Also, 777 is not on the hard corner, so something bigger/better could conceivably go there.

Bummer on 777. I did notice plan calls for “future premier tower.”

I will say, they seem to be smart in that they are saving the premier land for higher density (hopefully) and beginning to fill the center with nice mixed use lower-rise buildings. Happy these are atleast 6 stories.

[Mr.RE]

PowerPoints for the 777 Tower and Aspen Heights finally posted. Looks like 6 story office and 6 story student housing at and around NWC of Rural and University where Greek housing used to be. Neither are mind blowing, but both seem reasonable well designed and have good Street presence and retail. I think they would be great first steps in the Novus corridor.

https://www.tempecenterforthearts.com/Home/ShowDocument?id=63943

https://www.tempecenterforthearts.com/Home/ShowDocument?id=63945

Also, 777 is not on the hard corner, so something bigger/better could conceivably go there.

If these are approved in the City Council Meetings, is anyone familiar with the length of the approval through issuing a building permit? These plans on the surface level look good for the area and it being Phase 1 Id imagine they would want to get this process moving to spur more development on the land there. After years of seeing them advertise this dirt, id love to see some action in that area soon! Hopefully a few buildings will start going vertical before the end of 2018! :notacrook:

Tempe is definitely becoming a hotbed for national investment. I hope with all the good economic factors in play, we can see some real development happen around town to replace the decades of blight surrounding areas of apache, downtown and along the lake! Still keeping my fingers crossed for the Pier 202 project and Skyview. Both have been my favorite proposals that I would like to see come to fruition before 2020.

[azsunsurfer]

^ Great pics! Tempe is on fire.

I know it's Mesa, but I consider this area Tempe... I'm good with either proposal: https://www.bizjournals.com/phoenix/news/2018/05/04/exclusive-developers-pitching-big-class-a-offices.html

Wow with the Grand breaking ground and the Biomedical campus close to it as well, these guys sure are bullish on the EV office market. It would be nice to know if they any insight with potential tenants. With the University District it seems like a lot of office proposed for that corridor...

[azsunsurfer]

It would have also been nice if both those proposals also had some retail/ entertainment element being so close to the spring training and the park...instead just a 9-5 office park with a hotel next door...

[ciweiss]

2nd tower crane going up this morning at Aura Watermark.

[ASU Diablo]

Wow with the Grand breaking ground and the Biomedical campus close to it as well, these guys sure are bullish on the EV office market. It would be nice to know if they any insight with potential tenants. With the University District it seems like a lot of office proposed for that corridor...

Mesa went with the Lincoln Co proposal

[muertecaza]

Hanover Mill Ave. sold for $95m.

https://www.bizjournals.com/phoenix/news/2018/05/09/why-goldman-sachs-is-turning-its-2b-acquisitioneye.html

No info in the article about the occupancy rate but I assumed its pretty much leased up, given a sale price of like $280k per door. I remember some anti-development folks claiming Hanover was having a hard time leasing units and using it as a basis to oppose "luxury development." Good to see they found enough of the fabled "young professional" crowd--I believe Hanover still only rents to 22+, so it shouldn't be college students.

[combusean]

^ I hate it when anti-gentrificationistas (somebody give me a better acronym for these dead end economists)/NIMBYs point to their amateur assessment of the market as reason to oppose something.

If you really hate luxury development for whatever social justice reasons, enjoy the schadenfreude of a luxury developer going bankrupt, or watch it lease at affordable prices.

I might fingerpoint and naysay at bubbles and demand and irrational exuberance, but I defer to the market in the end. It's always right!

Still seems dumb as doorknobs for these people to complain about luxury development downtown. I'd rather them advocate affordable housing in mixed/higher income areas which Tempe severely lacks.

[ASUSunDevil]

^ I hate it when anti-gentrificationistas (somebody give me a better acronym for these dead end economists)/NIMBYs point to their amateur assessment of the market as reason to oppose something.


I agree. To me, it's as simple as driving around and looking at the massive amount of apartment inventory that has been here forever. Now 20 luxury apartment complexes get built in good areas & a good economy and everyone calls bubble?

As for Hanover, I live nearby and it appears that there's usually a decent amount of empty units (hardly any interior lights on at night). Maybe the buyer plans to remove the age restriction or the tenants that I can't see just use candles?

Speaking of luxury apartments, the second crane is up for Aura Watermark on Tempe Town Lake. :tup:

[muertecaza]

Tempe had a public meeting last night on a draft updated master plan for the lake area. I didn't get to go but it's published here:

https://www.tempe.gov/home/showdocument?id=64168

https://www.tempe.gov/Home/ShowDocument?id=64170

They've got some pretty cool ideas, from a birdwatching overlook west of the west dam, to a rock climbing wall underneath the 202, to a boardwalk all along the north and south shores of the lake. If even a portion of the ideas came to fruition it would really add to what is already one of the better public spaces in the Valley.

If you care to comment, they're taking public comments here: https://www.tempe.gov/city-hall/community-services/parks/rio-salado-and-beach-park-masterplan

[Mr.RE]

Hanover Mill Ave. sold for $95m.

https://www.bizjournals.com/phoenix/news/2018/05/09/why-goldman-sachs-is-turning-its-2b-acquisitioneye.html

No info in the article about the occupancy rate but I assumed its pretty much leased up, given a sale price of like $280k per door. I remember some anti-development folks claiming Hanover was having a hard time leasing units and using it as a basis to oppose "luxury development." Good to see they found enough of the fabled "young professional" crowd--I believe Hanover still only rents to 22+, so it shouldn't be college students.

Occupancy rate currently is at about 93.5% which is really good (320/341 total units) for an apartment of that size and rents. Buyer was Goldman Sachs. Data pulled from Yardi Matrix.

[ASUSunDevil]

Occupancy rate currently is at about 93.5% which is really good (320/341 total units) for an apartment of that size and rents. Buyer was Goldman Sachs. Data pulled from Yardi Matrix.

Wow! Didn't expect that %. Goldman Sachs knows what they're doing, so maybe I should have...

[stutteringpunk]

Tempe had a public meeting last night on a draft updated master plan for the lake area. I didn't get to go but it's published here:

https://www.tempe.gov/home/showdocument?id=64168

https://www.tempe.gov/Home/ShowDocument?id=64170

They've got some pretty cool ideas, from a birdwatching overlook west of the west dam, to a rock climbing wall underneath the 202, to a boardwalk all along the north and south shores of the lake. If even a portion of the ideas came to fruition it would really add to what is already one of the better public spaces in the Valley.

If you care to comment, they're taking public comments here: https://www.tempe.gov/city-hall/community-services/parks/rio-salado-and-beach-park-masterplan

What's interesting is that, unless I'm reading it wrong, one of the documents shows the streetcar going much further to the East and West along Rio than what we've seen. Obviously this all won't be accomplished at the same time, but I like to see Tempe thinking forward.

I also like that Pier 202 is still listed.

[muertecaza]

Tempe's monthly construction report is out for May, a lot of good things to note:


Building permit issued for Broadstone at the Grand, the 9 story Grand office building and the related parking structure. When I rode the train by there today, work had finally started on the Broadstone apartments and work is continuing on the office building.
Some townhome projects applied for building permits, including University Lofts at 800 W. University and Farmer Townhomes off Farmer
Aldi applied for a building permit to build an Aldi grocery store and training center at 1715 E. Southern Ave.
The Hilton Canopy on the final corner of the Union development applied for a building permit


https://www.tempe.gov/Home/ShowDocument?id=61009

[Mr.RE]

Im excited to see the final piece of the Union Project get started. Unfortunately for residents, they will be living in a block wide construction zone surrounding the property for the next 2 years as the westin, collective, and mirabella move forward, including many others planned. Usually the "newest project on the block" fills up quickly as excitement grows. Exciting things coming along!!

[Mr.RE]

Does anyone have status updates or new information on the following apartment/hotel projects:

1. Eastline Village on Apache Blvd
2. Collegiate housing development on Orange St and Terrace
3. Metro 101
4. Omni Hotel and conference center on University and Mill
5. Park Place on Terrace and Apache

Any information that Ive looked up online or the Tempe Development website is the same as months ago. Not sure if anyone here actively attends the neighborhood or city council meetings that would have recent updates or approvals for demolition permits etc.

[muertecaza]

Does anyone have status updates or new information on the following apartment/hotel projects:

1. Eastline Village on Apache Blvd
2. Collegiate housing development on Orange St and Terrace
3. Metro 101
4. Omni Hotel and conference center on University and Mill
5. Park Place on Terrace and Apache

Any information that Ive looked up online or the Tempe Development website is the same as months ago. Not sure if anyone here actively attends the neighborhood or city council meetings that would have recent updates or approvals for demolition permits etc.

As far as I know:

1. No movement for some time.

2. Had their neighborhood meeting last month. I didn't go, so no info there. I would expect to see them on a DRC agenda next month or so.

3. Technically phase 1 and phase 2 are still in review for a building permit, but work appears to be going full bore. I think we can expect the permit to issue this month and this one will be built.

4. My understanding is that it won't begin construction until Mirabella is done. Long timeline for this one.

5. In review for a building permit. I haven't seen any movement on the lot, but my guess is that we could see them working soon. I know you have to give 180 days notice before closing a mobile home park, and there are other requirements when redeveloping a mobile home park, so I wouldn't be surprised if that's part of the hold up.

[ASUSunDevil]

Basically Tempe...

http://azbex.com/mesa-picks-lincoln-property-class-a-office-proposal/

[ciweiss]

Can anyone acces this?

https://www.bizjournals.com/phoenix/news/2018/05/15/tempe-to-vote-on-21-story-apartment-development.html

[ASU Diablo]

Can anyone acces this?

https://www.bizjournals.com/phoenix/news/2018/05/15/tempe-to-vote-on-21-story-apartment-development.html

It's for The Collective @ 7th St & Myrtle. If approved, construction will begin in October.

[dtnphx]

Can anyone acces this?

https://www.bizjournals.com/phoenix/news/2018/05/15/tempe-to-vote-on-21-story-apartment-development.html

By Staff Report
May 15, 2018, 2:30pm

Tempe to vote on 21-story apartment development

The Tempe City Council will vote Thursday on a proposed 21-story new apartment tower near Arizona State University and Mill Avenue’s bars and restaurants.

Chicago-based Core Spaces wants to develop the project called The Collective. It will have 269 apartments, 6,000 square feet of retail space and a parking garage, said Chad Matesi, a principal with Core Spaces.

It’s the latest in a number new apartments, other towers and new developments under construction or in the works near ASU.

The proposed Collective tower is at Myrtle Avenue an Seventh Street in downtown Tempe. It is near Mill Avenue and University Drive and replaces an old shuttered property. A number of other new developments are under construction or planned in downtown Tempe.

Core Spaces also has a development in Portland and has student-focused housing in Tucson and other college towns.

Matesi said Core Spaces is also planning to develop a new market-rate apartment in Tucson. He would not disclose the location of that planned project.

Matesi said if the Tempe council approves The Collective tower, construction will start in October with completion scheduled for 2020.

Core Spaces also owns some other nearby Tempe parcels.

There is another development in Tempe called The Collective on Baseline. That is near Baseline and Rural roads and is home Arizona’s second Alamo Drafthouse Cinema. It is not part of Core Space portfolio.

[Renz]

It's for The Collective @ 7th St & Myrtle. If approved, construction will begin in October.

The red colors in contrast with the blue sky will make for a beautiful view in the skyline.

[Obadno]

So this is kind of funny

https://www.bizjournals.com/phoenix/news/2018/05/16/phoenix-getting-new-football-team.html

The new Alliance for American Football will land one of its teams in Phoenix. The team will play in Tempe at Sun Devil Stadium and will announce its coach on Friday.

Arizona State University announced Wednesday that an AAF team will begin playing at Sun Devil Stadium in February of 2019. The Valley's AAF franchise is currently known as Alliance Phoenix.


Lets see if this lasts longer than the XFL, still it will pump more money into our economy so I'm not going to complain. :P

[fawd]

So this is kind of funny

https://www.bizjournals.com/phoenix/news/2018/05/16/phoenix-getting-new-football-team.html



Lets see if this lasts longer than the XFL, still it will pump more money into our economy so I'm not going to complain. :P

Games will air on CBS?! How did they swing that?! That's better distribution than TNF and ESPN!

[muertecaza]

So this is kind of funny

https://www.bizjournals.com/phoenix/news/2018/05/16/phoenix-getting-new-football-team.html



Lets see if this lasts longer than the XFL, still it will pump more money into our economy so I'm not going to complain. :P

Best of luck to them. Hopefully they get a full 5 home games in to use Sun Devil Stadium after all the money put into the renovations.

[Mr.RE]

Does anyone know the result of tonight's city council vote on the Collective in Tempe and the Gilbane Student Housing Project? Hopefully good news!

[muertecaza]

Does anyone know the result of tonight's city council vote on the Collective in Tempe and the Gilbane Student Housing Project? Hopefully good news!

Collective was *barely* approved, 4-3 vote. Gilbane project was approved unanimously. Haven't got a chance to watch the video for details on discussion, but I'm assuming a lot had to do with parking. I'm hopeful that the Collective can be built and be successful and act as a justification for future parking reductions.

[Mr.RE]

https://farm1.staticflickr.com/972/42189333022_0932aacbb7_z.jpg

A friend of mine snapped this pic as he was flying out of Sky Harbor. I was able to label a majority of the current or planned projects in the works in tempe. Exciting things happening!
1. One Hundred Mill
2. Hayden Flour Mill Redevelopment
3. Farmer office and parking garage
4. Westin Hotel
5. Collective
6. Union/Canopy
7. Forest condominiums
8. The Hayden
9. Football/Basketball stadium redevelopment
10.Novus Innovation Corridor
11. Skyview
12.Sterling 920 Terrace
13.Collegiate apartment development
14. Gilbane Student Housing
15. Park Place
16. Greek Village
17. ITSB-7
18. Hayden Library Renovation
19. Mirabella
20. Omni Hotel and Conference Center
21. Future Development
22. Future Development

Other big developments not listed or in the picture are: The Local, and I.D.E.A Tempe on Rio Solado.

[MegaBass]

https://farm1.staticflickr.com/972/42189333022_0932aacbb7_z.jpg

A friend of mine snapped this pic as he was flying out of Sky Harbor. I was able to label a majority of the current or planned projects in the works in tempe. Exciting things happening!

Palo Verde East and West Renovation (May 2018-Aug 2019), SE corner Mill/University ASU parking garage (Aug 2018-Aug 2019) and Durham Language & Literature Building Renovation

https://cfo.asu.edu/sites/default/files/styles/slideshow/public/images/slides/hayden-reinvention-1.jpg?itok=IXIBB9V-

https://cfo.asu.edu/sites/default/files/styles/slideshow/public/images/slides/hayden-reinvention-2.jpg?itok=rleVPzRZ

https://cfo.asu.edu/sites/default/files/styles/slideshow/public/images/slides/hayden-reinvention-3.jpg?itok=YVnEk3wS

Hayden Library Reinvention (https://cfo.asu.edu/hayden-reinvention)

The creation of new entrances on the main level uses the space more effectively. With the inclusion of updated technologies, the reinvention will provide classroom, collaboration and study space to promote student success.

The modifications include an increase to the building’s square footage, main level expansion, and full renovation of all five levels of the building’s tower portion.

The addition of welcoming environments, reinforced physical and visual connections on and in the building helps Hayden Library reposition itself to support students at the center of the Tempe campus.

[ASUSunDevil]

Collective was *barely* approved, 4-3 vote. Gilbane project was approved unanimously. Haven't got a chance to watch the video for details on discussion, but I'm assuming a lot had to do with parking. I'm hopeful that the Collective can be built and be successful and act as a justification for future parking reductions.

Scary that 3 boneheads opposed this project. Any idea where I can watch the video? I'd love to know what the hell they're thinking. Check out The Collective in Portland: https://corespaces.com/projects/

Hayden renovations look incredible and nice pic Mr. RE. What stands out to me is the failure that is OneHundred Mill - those renderings were perfect. Fingers crossed that they can figure it out...

[muertecaza]

Scary that 3 boneheads opposed this project. Any idea where I can watch the video? I'd love to know what the hell they're thinking. Check out The Collective in Portland: https://corespaces.com/projects/

Hayden renovations look incredible and nice pic Mr. RE. What stands out to me is the failure that is OneHundred Mill - those renderings were perfect. Fingers crossed that they can figure it out...

You can watch City council meetings here: http://tempe.granicus.com/ViewPublisher.php?view_id=4

[azsunsurfer]

You can watch City council meetings here: http://tempe.granicus.com/ViewPublisher.php?view_id=4

Who voted to reject it?

[muertecaza]

Who voted to reject it?

Looks like Mitchell, Arredondo-Savage and Navarro.

[muertecaza]

Will be interesting to see if they actually build on spec. I had heard they wouldn't build until they had tenants despite the crane sitting there, but sounds like maybe a change of heart.

https://azbigmedia.com/1-9m-sf-watermark-project-coming-to-tempe/

CBRE, Cushman & Wakefield, and Fenix Development, a Los Angeles-based real estate investment and development company, announced today the 265,000 square feet of Class A office and 44,000 square feet of high-end restaurant and retail space slated for Phase I of the 1.9 million-square-foot The Watermark | Tempe mixed-use development, will be built on spec. Fenix Development is scheduled to deliver Phase I of the project in summer 2019. Two levels of subterranean parking and the site’s utilities are already in place.

[Obadno]

More details on the Mesa property being built by the cubs park.

https://azbigmedia.com/wp-content/uploads/2018/05/Lincoln-Property-Company-The-Union.jpg


https://azbigmedia.com/mesa-picks-lincoln-and-harvard-to-build-1-35m-sf-union/

Named Union, the new LPC-Harvard development will include four buildings ranging from four to eight stories and from 225,000-square-feet to 450,000 square feet. Each building will feature a high-tech, glass-heavy exterior. Interiors will feature large and open floorplates and high ceilings, giving tenants the flexibility to mix expansive workspaces with “huddle rooms” and other small-group spaces for employee collaboration and gathering.

[ASUSunDevil]

Biomedical Campus is officially underway on the lake. There's new signage up everywhere and a bunch of workers. :cheers:

Also, new fencing is up around the old Trails building on Mill Ave & 5th.

[PHXFlyer11]

Biomedical Campus is officially underway on the lake. There's new signage up everywhere and a bunch of workers. :cheers:

Also, new fencing is up around the old Trails building on Mill Ave & 5th.

Please remind me, what’s going up on the old trails?

[MegaBass]

Please remind me, what’s going up on the old trails?

5TH STREET PREPARED FOOD MARKET & BAR (PL170154) (https://www.tempe.gov/Home/ShowDocument?id=51126) is requesting a use permit to allow a restaurant with a full service bar in the Barmeier Building located on the northeast corner of West 5th Street and South Maple Avenue in the CC, City Center District and within the TOD, Transportation Overlay District. The restaurant and bar will provide a market-style establishment with a large kitchen serving fast casual meals on weekdays with a full breakfast/brunch offered on weekends.

[muertecaza]

Biomedical Campus is officially underway on the lake. There's new signage up everywhere and a bunch of workers. :cheers:

Also, new fencing is up around the old Trails building on Mill Ave & 5th.

Nice. This one will be a long, slow burn. The site is a former landfill so right now they are starting with remediation, which is going to involve excavation and then adding back "clean fill." Then it's (I believe) 5 phases over the next 15-20 years, with the first phase being the first building and a parking garage.

[muertecaza]

5TH STREET PREPARED FOOD MARKET & BAR (PL170154) (https://www.tempe.gov/Home/ShowDocument?id=51126) is requesting a use permit to allow a restaurant with a full service bar in the Barmeier Building located on the northeast corner of West 5th Street and South Maple Avenue in the CC, City Center District and within the TOD, Transportation Overlay District. The restaurant and bar will provide a market-style establishment with a large kitchen serving fast casual meals on weekdays with a full breakfast/brunch offered on weekends.

Glad they were able to persevere, the Hayden Square association ran them through the ringer appealing the entitlement decisions.

[Mr.RE]

Updated sign on Orange st and Terrace for upcoming meetings.

[img]https://farm2.staticflickr.com/1753/42308325852_bc8f5b7c5f_z.jpg (https://flic.kr/p/27sDeh1)Untitled (https://flic.kr/p/27sDeh1)

[combusean]

Just to confirm, the above project is only the Crossroads apartment complex. The Tempe Terrace at the end of the block and the College Town are not a part.

They updated Streetview for the area. University Village is finishing fast for Fall 2018. The Greek Life project is ugly as hell.

[alexico]

what condo complex high rises are going up in tempe?

[combusean]

^ None.

Tho I surmise some of the higher quality complexes around the Valley might end up converting to condos in time.

[jvbahn]

Just to confirm, the above project is only the Crossroads apartment complex. The Tempe Terrace at the end of the block and the College Town are not a part.

They updated Streetview for the area. University Village is finishing fast for Fall 2018. The Greek Life project is ugly as hell.

The Greek Life project completely destroys the pedestrian streetscape that was beginning to develop along Terrace. Setbacks from the sidewalk, horrible architecture, probably will be covered up by gravel and desert-landscaped "nature Bandaid." A wasted opportunity, cheap, ugly, with no thought given to the broader street concept. Does anyone know if they included street-level retail, or did they just create a block-sized gap in the urban fabric?

[combusean]

The Greek Life project completely destroys the pedestrian streetscape that was beginning to develop along Terrace. Setbacks from the sidewalk, horrible architecture, probably will be covered up by gravel and desert-landscaped "nature Bandaid." A wasted opportunity, cheap, ugly, with no thought given to the broader street concept. Does anyone know if they included street-level retail, or did they just create a block-sized gap in the urban fabric?

The chapter houses will have enclosed back yards on Terrace, so I'm assuming a giant brick wall is going to go up. Maybe it will have back gates, probably not. Looks to be a secured gate between the community center and the strip of townhouses.

https://greekvillage.asu.edu/explore-the-village/chapter-facilities/facility-a

[muertecaza]

The Greek Life project completely destroys the pedestrian streetscape that was beginning to develop along Terrace. Setbacks from the sidewalk, horrible architecture, probably will be covered up by gravel and desert-landscaped "nature Bandaid." A wasted opportunity, cheap, ugly, with no thought given to the broader street concept. Does anyone know if they included street-level retail, or did they just create a block-sized gap in the urban fabric?

I believe there is supposed to be some retail in the community center on the corner of Terrace/Rural, but nothing else along the frontage. Disappointing. I sort of get not overdoing it with retail, given that Vortex's retail has been vacant for years now. But even walkup units, fitness centers, anything facing the street would have been better than the desert-landscape buffer, utility boxes and fences that they have.

[combusean]

Vertex filled the space on the Rural Rd corner. I have to wonder about the remaining space: limited parking with visitors for the whole building, possibly a greedy corporate landlord, not particularly close to light rail stops, no major street visibility.

The large patio suggests some kind of destination restaurant which doesn't make a whole lot of sense with student apartments above. That being said, the complex replaced a bunch of smaller vintage retail structures, so like anything else I bet the landlord just needs to lower rents.

[Mr.RE]

New tempe developments historically have a hard time filling ground floor retail space. Even at the Rise, a restaurant size retail spot sits empty. I like what 922 place did by having a small chase bank location. Nexa is doing well but any street traffic these places get are from residents or people on bikes and scooters so more bike racks are a must. They need to have more public parking spaces at apartments or street parking with meters.

I am hoping Sterling 920 place gets some good retail tenants. Lets hope skyview has a good retail/landscape plan. If it ever gets started...

[muertecaza]

^ None.

Tho I surmise some of the higher quality complexes around the Valley might end up converting to condos in time.

To add to this, the only high-rise in Tempe proposed for condo units of which I'm aware is The Hayden (https://www.tempe.gov/Home/ShowDocument?id=60871). It made it through design review/entitlements in March. Your guess is as good as mine as to whether it will ever be built.

[azsunsurfer]

To add to this, the only high-rise in Tempe proposed for condo units of which I'm aware is The Hayden (https://www.tempe.gov/Home/ShowDocument?id=60871). It made it through design review/entitlements in March. Your guess is as good as mine as to whether it will ever be built.

I thought that the hotel component (Marriott brand) was eager to move forward with it. It could be one of those condos proposed but "we actually meant student housing in the mean time" kinda of scenarios.

[muertecaza]

Coverage of The Collective.

http://rebusinessonline.com/core-spaces-to-develop-21-story-apartment-complex-in-tempe-arizona/

TEMPE, ARIZ. — Chicago-based Core Spaces is developing its third apartment complex in Tempe. Known as The Collective, the 21-story-plus-penthouse property will be located at the intersection of Seventh Street and Myrtle Avenue.

The 319,148-square-foot building will feature 268 units, totaling 464 beds, and 6,000 square feet of ground-floor retail space. Slated to open in 2020, the property will also feature a 5,800-square-foot indoor/outdoor communal garden, amenity space on the fifth floor, a 5,500-square-foot rooftop pool deck and amenity terrace, and outdoor seating area on the ground level.